The American economy is in a recession. Companies are struggling for cash, and venture capital dollars have almost completely dried up. Right? Well, Will Ferrell's online video site, Funny or Die, just received a $3 million cash infusion from "a single, undisclosed investor." While a part of me is saying screw those guys for continually making funny, entertaining content and leaving the rest of us out to dry, the other part of me is remembering that innovation wins out. So long as Pearl is getting her money on time, I suppose it doesn't really matter.
Monday, December 22, 2008
VC Money Is Dry, Excluding Funny Or Die
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